2024

Philippine renewables developer Citicore Renewable Energy Corp. and San Miguel Global Light and Power Corp., a unit of San Miguel Global Power Holdings Corp., will jointly develop a 153.5 MW solar plant in the Philippines.

In a new weekly update for pv magazine, Solcast, a DNV company, reports that Rio de Janeiro recorded the sunniest June in over 18 years, with solar irradiance 15% above the long-term average. This was part of a band of higher than average sunshine extending through Bolivia, Paraguay, and parts of Brazil. Conversely, southern Argentina saw an irradiance drop of up to 30% below the long-term average as it experienced its cloudiest June in the same period.

Abu Dhabi-based Masdar has raised $1 billion through a new bond issuance. It says the investment will fund equity commitments on new greenfield projects, several of which are in developing economies.

Researchers in Italy have designed a water-source heat pump system intended for generating cooling, heating and domestic hot water in social housing stock built during the 1970s–1990s. The novel concept integrates photovoltaic-thermal energy with thermal storage and promises a seasonal coefficient of performance of 5.

A research group has examined the potential for PV on building walls and rooftops across Norway. It says that up to 36% of the feasible solar energy, or approximately 31 GW, could be integrated into the national power system to match generation and consumption patterns.

LevelTen Energy says in its latest quarterly report that prices for power purchase agreements (PPAs) increased in the second quarter, following a modest decline in the first three months of the year.

First Solar has commissioned the Jim Nolan Center for Solar Innovation in Lake Township, Ohio. It includes a high-tech pilot manufacturing line to produce full-sized prototypes of thin-film and tandem PV modules.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

The U.K.-based technology company has launched Endurance, an electric transport refrigeration system with integrated battery and solar PV. It is built to compete with diesel-powered systems.

A computing pilot program, housed within Europe’s largest electricity utility, Iberdrola, found that some quantum and quantum-inspired algorithms matched or outperformed existing benchmarks for optimal placement of grid batteries.